1. Understanding and Describing Data
Activity 1.01: Classifying a New Dataset
Solution:
- The unit of observation is a car sale.
Date
andSales Amount
are quantitative, whileMake
is qualitative.
While there could be many ways to convert Make
into numeric data, one commonly accepted method would be to map each of the Make
types to a number. For instance, Ford
could map to 1
, Honda
could map to 2
, Mazda
could map to 3
, Toyota
could map to 4
, Mercedes
could map to 5
, and Chevy
could map to 6
.
Activity 1.02: Exploring Dealership Sales Data
Solution:
- Open Microsoft Excel to a blank workbook.
- Go to the
Data
tab and click onGet Data
|From File
|From Text/CSV
. - Find the path to the
dealerships.csv
file and click onImport
. - In the file import window, click on
Load
. The following table is what you will see when the file loads.
A histogram of the results may vary a little...